Newport Exploration (NWX) — Defensive Interval Ratio

Latest as of January 2026: 16062 days

Newport Exploration (NWX) has a Defensive Interval Ratio of 16062 days as of January 2026. Defensive assets of CA$2.53 Million (cash CA$-, short-term investments CA$2.18 Million, receivables CA$345.98K) cover 16062 days of daily cash needs of CA$157.47/day. Check Newport Exploration tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

16062 days
Days of operational coverage

Defensive Assets

CA$2.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$157.47
Current Liabilities ÷ 365

Current Liabilities

CA$57.48K
CAD

Newport Exploration Defensive Interval Ratio (2001–2025)

This chart shows how Newport Exploration's Defensive Interval Ratio has evolved across 25 annual periods from 2001 to 2025. As of January 2026, the ratio stands at 16062 days, meaning defensive assets of CA$2.53 Million can fund 16062 days of operations without new revenue. Also explore NWX year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Newport Exploration (2001–2025)

The table below presents the year-by-year Defensive Interval Ratio for Newport Exploration from 2001 to 2025, covering 25 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Newport Exploration market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 9325 days CA$2.72 Million CA$291.44/day CA$- CA$2.15 Million ▲ +3422 days
2024 5903 days CA$1.65 Million CA$279.19/day CA$- CA$857.72K ▼ -2997 days
2023 8899 days CA$2.59 Million CA$290.53/day CA$- CA$1.42 Million ▲ +5400 days
2022 3499 days CA$5.19 Million CA$1.48K/day CA$- CA$2.60 Million ▼ -91 days
2021 3590 days CA$5.24 Million CA$1.46K/day CA$- CA$2.42 Million ▼ -3022 days
2020 6612 days CA$3.84 Million CA$580.46/day CA$- CA$2.02 Million ▲ +2592 days
2019 4020 days CA$6.87 Million CA$1.71K/day CA$- CA$3.97 Million ▲ +16 days
2018 4004 days CA$6.80 Million CA$1.70K/day CA$- CA$3.87 Million ▼ -7994 days
2017 11999 days CA$3.89 Million CA$324.52/day CA$- CA$2.77 Million ▼ -13308 days
2016 25307 days CA$6.08 Million CA$240.11/day CA$- CA$2.77 Million ▲ +24172 days
2015 1134 days CA$17.93 Million CA$15.80K/day CA$- CA$11.91 Million ▼ -1574 days
2014 2708 days CA$19.51 Million CA$7.21K/day CA$- CA$16.00 Million ▼ -93187 days
2013 95895 days CA$6.49 Million CA$67.70/day CA$- CA$5.31 Million ▲ +59130 days
2012 36764 days CA$3.49 Million CA$94.82/day CA$- CA$3.45 Million ▲ +28293 days
2011 8471 days CA$1.06 Million CA$125.36/day CA$- CA$1.03 Million ▲ +8363 days
2010 108 days CA$13.70K CA$126.43/day CA$- CA$- ▼ -42 days
2009 151 days CA$11.32K CA$75.15/day CA$- CA$- ▼ -193 days
2008 344 days CA$37.00K CA$107.63/day CA$- CA$- ▲ +249 days
2007 95 days CA$60.86K CA$643.43/day CA$- CA$6.61K ▼ -623 days
2006 717 days CA$86.41K CA$120.45/day CA$- CA$6.61K ▼ -2088 days
2005 2805 days CA$1.60 Million CA$569.32/day CA$- CA$1.55 Million ▼ -12874 days
2004 15679 days CA$1.87 Million CA$119.24/day CA$- CA$1.86 Million ▲ +15597 days
2003 82 days CA$25.58K CA$311.24/day CA$- CA$20.32K ▼ -150 days
2002 232 days CA$52.14K CA$224.72/day CA$- CA$22.54K ▲ +20 days
2001 212 days CA$51.97K CA$245.30/day CA$- CA$48.37K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)